Indigo Acquisition Corp. (NASDAQ:INACU – Get Free Report)’s share price was up 0.1% during mid-day trading on Thursday . The company traded as high as $10.60 and last traded at $10.32. Approximately 2,297 shares were traded during mid-day trading, an increase of 177% from the average session volume of 828 shares. The stock had previously closed at $10.31.
Indigo Acquisition Stock Performance
The business has a 50-day simple moving average of $10.41 and a two-hundred day simple moving average of $10.29.
Institutional Investors Weigh In On Indigo Acquisition
Institutional investors have recently made changes to their positions in the stock. Clear Street Group Inc. raised its position in shares of Indigo Acquisition by 18.7% during the fourth quarter. Clear Street Group Inc. now owns 235,308 shares of the company’s stock worth $2,384,000 after acquiring an additional 37,062 shares during the last quarter. OMERS ADMINISTRATION Corp boosted its holdings in Indigo Acquisition by 212.0% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 200,000 shares of the company’s stock valued at $2,026,000 after acquiring an additional 135,888 shares during the last quarter. Heights Capital Management Inc. acquired a new stake in Indigo Acquisition during the 3rd quarter valued at approximately $1,011,000. Parallax Volatility Advisers L.P. bought a new position in Indigo Acquisition during the 3rd quarter worth approximately $542,000. Finally, Yakira Capital Management Inc. bought a new position in Indigo Acquisition during the 3rd quarter worth approximately $272,000.
About Indigo Acquisition
Indigo Acquisition Corp. is a blank check company incorporated in Delaware and listed on the Nasdaq under the ticker INACU. The company was formed for the purpose of effecting a business combination, such as a merger, capital stock exchange, asset acquisition or similar transaction, with one or more target businesses.
While Indigo Acquisition has not yet announced a definitive combination, it is structured to seek opportunities in sectors aligned with the expertise of its sponsor, including aerospace, aviation and related industries.
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